Head to Head Analysis: Joint Stock Company Kaspi.kz (KSPI) vs. The Competition

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of 120 publicly-traded companies in the “Consumer Finance” industry, but how does it compare to its competitors? We will compare Joint Stock Company Kaspi.kz to related companies based on the strength of its risk, profitability, valuation, analyst recommendations, dividends, institutional ownership and earnings.

Volatility and Risk

Joint Stock Company Kaspi.kz has a beta of 1.07, meaning that its share price is 7% more volatile than the S&P 500. Comparatively, Joint Stock Company Kaspi.kz’s competitors have a beta of 1.26, meaning that their average share price is 26% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations for Joint Stock Company Kaspi.kz and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Joint Stock Company Kaspi.kz	0	3	1	0	2.25
Joint Stock Company Kaspi.kz Competitors	891	3351	5292	274	2.50

Joint Stock Company Kaspi.kz currently has a consensus price target of $107.50, suggesting a potential upside of 17.26%. As a group, “Consumer Finance” companies have a potential upside of 21.22%. Given Joint Stock Company Kaspi.kz’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Joint Stock Company Kaspi.kz has less favorable growth aspects than its competitors.

Dividends

Joint Stock Company Kaspi.kz pays an annual dividend of $8.58 per share and has a dividend yield of 9.4%. Joint Stock Company Kaspi.kz pays out 78.1% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Consumer Finance” companies pay a dividend yield of 6.1% and pay out 34.2% of their earnings in the form of a dividend.

Profitability

This table compares Joint Stock Company Kaspi.kz and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Joint Stock Company Kaspi.kz	24.00%	40.69%	9.54%
Joint Stock Company Kaspi.kz Competitors	9.92%	-15.65%	2.14%

Insider & Institutional Ownership

32.2% of Joint Stock Company Kaspi.kz shares are held by institutional investors. Comparatively, 45.8% of shares of all “Consumer Finance” companies are held by institutional investors. 22.0% of shares of all “Consumer Finance” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Joint Stock Company Kaspi.kz and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Joint Stock Company Kaspi.kz	$7.70 billion	$2.04 billion	8.35
Joint Stock Company Kaspi.kz Competitors	$3.61 billion	$385.17 million	5.79

Joint Stock Company Kaspi.kz has higher revenue and earnings than its competitors. Joint Stock Company Kaspi.kz is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Joint Stock Company Kaspi.kz competitors beat Joint Stock Company Kaspi.kz on 8 of the 15 factors compared.

Joint Stock Company Kaspi.kz Company Profile

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants. This segment offers shopping transactions, regular household bills, and peer to peer payments for consumers; accepts payment online and in store, issue and settle invoices, pay suppliers and monitor merchant turnover. It also provides proprietary data facilities informed decision making across multiple areas of business. Its Marketplace Platform segment connects online, and offline merchants and consumers enabling merchants to enhance its sales through an omni channel strategy and enable consumers to buy products and services from various merchants. This segment also operates marketplace through m-commerce, a mobile solution for shopping in person which consumers can use e-commerce to shop anywhere, anytime with free delivery; Kaspi Travel allows consumers to book domestic and international flights and package holidays, domestic rail tickets. It also enhances merchants sales by connecting payments and fintech products, Kapsi advertising, and other delivery services. The Fintech Platform segment provides consumers with BNPL, finance, and savings products and merchants with merchant finance services through super apps and Kapsi.kz Super app. It also involved in the banking; distressed asset management; real estate business; payment processing; online travel; and storage and processing of information services. The company was incorporated in 2008 and is headquartered in Almaty, the Republic of Kazakhstan.